Makerere University, Absa partner to Equip Journalists with Data Journalism Skills
Absa Bank Uganda has launched a three-year partnership with Makerere University aimed at enhancing the capabilities of practicing journalists in financial, business, and data-driven reporting, with the goal of transforming Uganda’s media landscape. As part of the collaboration, 20 journalists from across the country participated in the 2025 Absa-Makerere Journalism
Hajji Issa Sekitto Named New Acting Chairman of KACITA
The Kampala City Traders Association (KACITA) has appointed veteran trade advocate Hajji Issa Sekitto as its new Acting Chairman, following a unanimous decision by the Association’s Executive Board on Monday. The announcement was made after an Extraordinary Executive Board Meeting held on August 4 at the KACITA headquarters in Kampala.
Absa, MEST Africa Partner to Champion Innovation Through the 2025 MEST Africa Challenge
Absa has announced its exclusive partnership with the Meltwater Entrepreneurial School of Technology (MEST Africa) for the MEST Africa Challenge (MAC) 2025, reaffirming its commitment to empowering African tech entrepreneurs and accelerating innovation across the continent. The MEST Africa Challenge is a prestigious pan-African pitch competition that identifies, nurtures, and invests in
dfcu Bank, Aurionpro partner to Lead Digital Innovation in Transaction Banking
dfcu Bank has announced a strategic partnership with Aurionpro, a global leader in fintech solutions, marking a significant step in its digital transformation journey. This collaboration positions dfcu Bank at the forefront of innovation in transaction banking, particularly for its Corporate and SME clients. Through the partnership, dfcu Bank will
Tullow’s Gabon Exit Highlights Rising Role of African Firms in Upstream Sector
Tullow Oil has finalized the sale of its non-operated interests in Gabon to Gabon Oil Company (GOC) for $307 million, marking a strategic portfolio shift for the UK-based independent and a notable development for Gabon’s energy sector. The transaction transfers Tullow’s remaining production interests – estimated to contribute approximately 10,000
CCBA Marks Ninth Anniversary with Expansion, Tech Innovation and Recycling Push
Nine years after its landmark merger, Coca-Cola Beverages Africa (CCBA) is celebrating nearly a decade of sustained growth, investment, and community-centered development—solidifying its role as the largest Coca-Cola bottling partner on the African continent. This milestone is more than a corporate anniversary; it’s a continuation of a legacy that began
Inside Uganda , BADEA $150M Deal to Finance SMEs and Key Sectors
Arab Bank for Economic Development in Africa (BADEA) and the Government of Uganda have signed two Facility Agreements amounting to USD 150,000,000 (Shs 537.4 billion) to support private sector growth. The agreements have been signed by Abdullah Almusabeeh, BADEA President, and Matia Kasaija, Minister of Finance, Planning and Economic Development,
BoU to raise Shs 1.4trn in August Treasury bond auction
The Bank of Uganda (BoU) has announced a scheduled auction for four categories of treasury bonds on Wednesday, August 6, 2025 with an aim to finance government operations and manage public debt. The central bank aims to raise a total of Shs 1.4 trillion through this multi-tenure auction, reflecting the
Pride Bank Wins Agri-Finance award at the 2025 annual Agricultural Excellence Awards
Pride Bank Limited has been awarded the Agri-Finance Award (Credit Finance) at the prestigious Annual Agricultural Awards. In an evening themed: Celebrating Excellence and Innovation in Agriculture, the award recognizes the bank’s exceptional contribution to agricultural financing and its pivotal role in transforming Uganda’s agricultural value chains through innovative, inclusive,
UIBFS Unveils New Brand Identity During 12th Annual Graduation Ceremony
The Uganda Institute of Banking and Financial Services (UIBFS) has officially unveiled its new brand identity during a momentous celebration that coincided with the 12th Annual Graduation Ceremony held at Mestil Hotel in Kampala. The dual occasion marked a significant milestone for the Institute, symbolizing both its continued growth and
